Housing Wire

JUNE 19, 2023

I actually met with some Minnesota community leaders about contract-for-deed targeting certain immigrant groups across the country,” Chopra said. You mentioned that ProPublica article that obviously had some very troubling allegations, I don’t want to comment on that in too much detail,” Chopra said.

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Business Advertising Sellers Legal 370

Housing Wire

DECEMBER 16, 2022

This article is part of our Housing 2022-23 forecast series. The market has now faced a contraction in existing-homes sales for nine consecutive months, while home prices and rates rise. For the last two years, in many markets, sellers could expect an offer quickly and above list price in many instances.

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Buyers Realtors Inventory Sellers 471

Housing Wire

MAY 4, 2023

Sales and new pending contracts are below pre-pandemic levels. Bright MLS’ recent survey showed that sellers in the Mid-Atlantic received an average of 3.4 This article is part of our ongoing 2023 Housing Market Forecast series. Selective sellers. All major housing market metrics point to a restrained housing market.

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Housing Market Marketing Inventory Buyers 414

McKissock

AUGUST 13, 2021

Why must an appraiser be given a copy of the sales contract? Secondly, the appraiser is likely familiar with the local real estate contract forms, customary terms, and conditions of real estate transactions in the area, and might be able to identify irregularities and comment on them. When should we analyze the contract?

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Contracts Appraisal Market Value Real Estate 64

Housing Wire

MARCH 13, 2024

Automated chatbots can help you field calls, texts, emails and website inquiries to qualify incoming leads and segment buyers and sellers by their areas of interest in your CRM — all before you even pick up your phone to call or text those prospects. Need more examples?

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Real Estate Agent Tools Real Estate Agents 414

Appraisal Buzz

AUGUST 16, 2021

I’ve been consuming more news articles, blogs, and podcasts than ever before, but there are always some questions that never seem to get answered. In other words, why are appraiser estimating market value below the contract price so often? But what offer will the seller accept $400,000. The motivation of the seller is obvious.

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Market Value Buyers Appraisal Sellers 448

Housing Wire

APRIL 17, 2023

For agents and sellers looking to succeed in Austin’s current market, Redding says pricing is key. “We We are still seeing properties going under contract quickly, so long as they are priced properly,” he said. Altos considers an index reading of 30 to be a balanced market — and anything above that to be a seller ’s market.

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Housing Market Marketing Inventory Buyers 393

Empire Appraisal Group

JUNE 29, 2023

million homes in homeowners’ associations (HOAs), most of our members have helped prepare contracts that address issues associated with association rules. We’ll look at some similarities in this article. For example, both include room for a seller to disclose whether association approval is required. . – With over 1.5

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HOA Contracts Sellers Buyers 78

Listing Spark

DECEMBER 9, 2020

One of the most common questions we get from our home sellers at ListingSpark is “How do I determine what my closing costs are”? For this article, we are going to focus on the home seller closing costs we would typically see in Texas with a residential sale (commercial sales typically have a different set of fees).

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Sellers HOA Insurance Contracts 69

Housing Wire

NOVEMBER 29, 2023

In this article, we will go over a few key marketing activities that must be operating simultaneously, with some helpful tips on how to prioritize them. Use this tool: SmartZip SmartZip utilizes predictive analytics to identify potential sellers in your area. It’s suitable for those willing to put in the effort to convert seller leads.

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Real Estate Buyers Tools Real Estate Agent 404

Housing Wire

DECEMBER 23, 2022

This article is part of our 2022-23 Housing Market Forecast series. Second, know that even as the housing market resets in 2023, there have been contractions on both the buyer and seller sides. Third, opportunities for both buyers and sellers will vary significantly across local markets.

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Housing Market Marketing Inventory Buyers 404

Housing Wire

JANUARY 29, 2024

In this article, we’ll show how to procure top-notch client testimonials, where and how to share them, and how to leverage them to bolster your reputation and close more deals in 2024. Further, their study found that 36% of sellers who worked with an agent found them through a referral by friends or family.

Real Estate 404

Real Estate Clients Real Estate Agent Agents 404

Housing Wire

SEPTEMBER 23, 2022

HW Media: What is your current favorite HW+ article and why? I recommend Brummer’s article because he succinctly breaks down the issue and offers some opportunities for improvement. Signs point to “no” — 92% of buyers and sellers chose to work with an agent in 2021. But that doesn’t mean all those people had a good experience.

Real Estate Agent 370

Real Estate Agent Agents Real Estate Realtors 370

Cleveland Appraisal Blog

AUGUST 11, 2022

I hope you find her article to be helpful! The type and range of information you have to provide in the seller’s property disclosure will, of course, depend on the legal regulations of the state where you have the property. I hope her article gave you some things to think about if you find yourself in this situation.

Renovations 221

Renovations Buyers Appraisal Investing 221

Housing Wire

NOVEMBER 29, 2021

From the National Association of Realtors : “The Pending Home Sales Index (PHSI), a forward-looking indicator of home sales based on contract signings, rose 7.5% An index of 100 is equal to the level of contract activity in 2001.” in October. Year-over-year, signings fell 1.4%.

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Inventory Contracts Training Investors 527

Raleigh Realty

AUGUST 17, 2021

Understanding Due Diligence and Earnest Money in North Carolina Real Estate When you go under contract on a home in North Carolina you are going to encounter terms like Due Diligence and Earnest Money. It's important to note that real estate contracts and laws change depending on what state you are in. Due Diligence: What Is it?

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Real Estate Real Estate Agent Contracts Inspection 148

Housing Wire

APRIL 8, 2021

First, the pre-approval letter tells the seller that you are serious about buying a home and that you have a commitment from a reputable lender on how much it will lend to you. Another seller’s home may need repairs, and you put in your offer the need for a seller credit to pay for them. In an extremely competive market?

Inspection 433

Inspection Sellers Buyers Tools 433

Eppraisal

JANUARY 13, 2023

Finding a seller's agent who will work hard for you and put your interests above their own is important. Here are five key questions to ask prospective seller's agents while you are conducting interviews. Many sellers are only concerned with the price they are going to sell their home for. Will You Host an Open House?

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Sellers Agents Open Houses Real Estate Agent 36

McKissock

JULY 6, 2022

I would recommend including at least property access, financial outcomes, and potential roadblocks from contract to closing. Sellers and buyers need to have a clear understanding of who can and will have access to the property in question. Click here to read the full article. Expectation 2: Property Access.

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Clients Real Estate Contracts Sellers 87

San Jose Real Estate

JANUARY 3, 2022

If you are buying or selling a home in Silicon Valley today, you may be considering including the option to have a “seller rent back” after close of escrow. This is often referred to as “seller in possession after close of escrow” (often shortened to SIP) or “seller occupancy after sale” […].

Sellers 62

Sellers Contracts 62

McKissock

JULY 26, 2020

The market remains strong for sellers at this time, but there are several things that you should go over with your client to prepare them and ensure that your clients are ready to market their home as effectively as possible. 1: Conduct an Informative Listing Presentation. 3: Prepare Your Client for the “What If” Scenarios.

Sellers 52

Sellers Real Estate Agent Marketing Real Estate 52

Housing Wire

OCTOBER 1, 2022

Notably, the market has contracted as fewer buyers can afford to purchase in today’s market with the rise in interest rates and the continual rise in home prices. However, in many areas of the country it does remain a seller’s market. In comparison, in 2011, homes took 96 days to sell. . Join us in Scottsdale, Arizona Oct.

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Realtors Housing Market Marketing Buyers 393

San Jose Real Estate

APRIL 20, 2023

If you are buying or selling a home in Silicon Valley today, you may be considering including the option to have a seller rent back after closing. A rent back refers to the seller staying in possession of the home after it’s been sold to the […] What does this mean? What is a rent back?

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Sellers Contracts 36

Housing Wire

MAY 10, 2022

This article is part of our housing market economic update series. Twenty-eight percent of the home buying market last month was all-cash buyers, and for every home that went under contract, sellers saw 4.8 At the end of this series, you can join us on May 10 for a Housing Market Update webinar.

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Housing Market Realtors Buyers Inventory 442

GoForrmz

OCTOBER 26, 2022

From virtual tours to real estate apps, it now takes less time and effort to communicate between sellers and buyers. Buyers and sellers can be in completely different parts of the world and still access their contracts at any time! For an in-depth walkthrough of setting up auto-fill Database fields, check out our Help article.

Real Estate 78

Real Estate Contracts Clients Real Estate Agent 78

Housing Wire

JANUARY 10, 2024

In this article, we explore nine exceptional real estate lead generation companies that can supercharge your lead generation efforts, each with its unique strengths and limitations. SmartZip primarily benefits experienced listing agents, yet any agent willing to nurture seller leads can thrive with this platform.

Real Estate 413

Real Estate Real Estate Agent Tools Agents 413

Eppraisal

JULY 12, 2022

Earnest money is the money a buyer offers to have deposited at contract time to show he is earnest or serious about purchasing the home. How Earnest Money Works When you submit an offer to purchase a home, part of the contract deals with earnest money. Earnest money is sometimes referred to as a "good-faith" deposit.

Contracts 36

Contracts Real Estate Agent Sellers Real Estate 36

Cleveland Appraisal Blog

AUGUST 20, 2021

Earlier in the year, I appraised a home to have a market value that was twenty-eight thousand dollars ($28,000) higher than the contract price. Contrary to popular belief, good appraisers do not magically appraise homes at their contract price simply to rubber-stamp a sales price. The seller will probably never know. The reason?

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Appraisal Market Value Contracts Agents 418

Appraisal Today

APRIL 26, 2024

The 7 Sale Types Explained Excerpts: An arm’s length sale – a sale in which the buyers and sellers act independently and in their own self-interest is the most common type of real estate transaction. A non-arm’s length sale in real estate is a transaction between a seller and buyer who have a connection by marriage, family, work, etc.

Appraisal 76

Appraisal Real Estate Real Estate Agent Contracts 76

Eppraisal

AUGUST 19, 2022

However, it is not a bad idea for sellers to have a home inspection, or pre-listing home inspection, performed as well. Home values are still rising; however, sellers should still be putting forth their best efforts to sell safe and defect-free homes. Resolving the issues ahead of time is a smart and more legally-sound idea.

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Inspection Sellers Buyers Advertising 68

McKissock

SEPTEMBER 20, 2021

To help you out, we’ve put together an overview of Articles 1–13, as well as links to helpful case examples. Overview of NAR Code of Ethics: Articles 1–13. The remaining articles deal with Board of Realtors® proceedings and duties to other Realtors®. See NAR’s thirty-one Case Interpretations of Article 1.

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Real Estate Clients Real Estate Agent Realtors 58

Raleigh Realty

MARCH 23, 2021

The question should I sell my home for sale by owner or without a Realtor® is likely one asked by every home seller with the thought of trying to save money. It's important to reverse engineer the sales process as a seller as you will want to understand who your target buyer is and that is likely someone working with a Realtor.

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Real Estate Agent Real Estate Realtors Contracts 133

Cleveland Appraisal Blog

OCTOBER 14, 2021

On many of my appraisals at that time, my opinion of value would not support the contract price. Don’t drink the Kool-Aid that any contract price is reflective of market value. And what happens when the contract price is above the market value? Here are some links to other articles I’ve enjoyed recently!

Inventory 243

Inventory Market Value Appraisal Contracts 243

Eppraisal

OCTOBER 26, 2021

According to an article on keepingcurrentmatters.com, "A normal market's inventory sits at 6 months. Buyers are pulling many different strings in order for their offers to be accepted including offering sellers significantly above list prices. They are also offering to meet the sellers' closing dates or to purchase the homes "as is."

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Inspection Buyers Real Estate Agent Contracts 69

Zillow

JUNE 19, 2017

It took some negotiations, but you and the seller have come to terms. Too often, getting a signed contract and putting your money into escrow is the beginning of what can become yet another round of negotiations. Here are five things every home buyer and seller should know about last-minute negotiations or credits. Or have you?

Sellers 36

Sellers Buyers Inspection Contracts 36

Eppraisal

FEBRUARY 17, 2023

The average consumer may not know the difference between the two, however, home buyers and sellers need to know. " All in all, a CMA is performed by a real estate agent for a home seller or a home buyer. According to an article on Zillow.com written by Chris Beringer, What's the Difference Between a CMA and a Home Appraisal?

Appraisal 36

Appraisal Real Estate Agent Marketing Real Estate 36

McKissock

JULY 19, 2022

Red Flags: The seller demands payment upfront. According to an article published in The Miami Herald , the FBI reported almost $1 billion was “diverted or attempted to be diverted” and wired to unlawful accounts in 2017. Hasty changes to terms and conditions of the housing contract. The seller isn’t aware of the lawyer.

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Real Estate Real Estate Agent Sellers Agents 98